Finance › Speeches › Shaktikanta Das

Winning in uncertain times - the Indian experience

· Shaktikanta Das, Governor of the Reserve Bank of India (India)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, growth, investment and productivity

SD
· Shaktikanta Das Wiki · Reserve Bank of India WikiWinning in uncertain times - the Indian experience

ContextInaugural speech by Shaktikanta Das, Governor of the Reserve Bank of India, at the Financial Institution Benchmarking and Calibration (FIBAC) 2023 Conference, jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks' Association (IBA), Mumbai, 22 November 2023.

Why it mattersDas describes how India kept stability through a series of shocks since 2020.

Problems raised
  1. The world has faced an unending series of shocks since 2020.
  2. Food price shocks keep inflation volatile.
  3. Financial institutions must manage risks in a changing landscape.
Solutions proposed
  1. Keep monetary policy focused on bringing inflation to target.
  2. Strengthen governance and risk management in banks.
  3. Maintain macroeconomic stability to support growth.
Read full speech on bis.org ↗

More from Shaktikanta Das · Reserve Bank of India · all speeches

More speeches by Shaktikanta Das

Other leaders on monetary policy and interest rates